RNGC (Ranger Gold) Operating Income: $-0.02 Mil (TTM As of Mar. 2026)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

What is Ranger Gold Operating Income?

Ranger Gold RNGC Operating Income is $-0.02 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Ranger Gold's Operating Income for the three months ended in Mar. 2026 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.02 Mil.

Warning Sign:

Ranger Gold Corp has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ranger Gold's Operating Income for the three months ended in Mar. 2026 was $-0.01 Mil. Ranger Gold's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Ranger Gold's Operating Margin % for the quarter that ended in Mar. 2026 was %.

Ranger Gold's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ranger Gold's annualized ROC % for the quarter that ended in Mar. 2026 was %. Ranger Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

Ranger Gold (OTCPK:RNGC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ranger Gold's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-0.024 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.024	/	0
=	%

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.001	-	( 0	-	max(0, 0.001	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.002	-	( 0	-	max(0, 0.002	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ranger Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.024	/	( ( (0 + max(-0.001, 0))	+	(0 + max(-0.002, 0)) )	/	1 )
=	-0.024	/	( ( 0	+	0 )	/	1 )
=	-0.024	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.001	+	0	+	0)
=	-0.001

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.002	+	0	+	0)
=	-0.002

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Ranger Gold's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	-0.006	/	0
	=	%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Ranger Gold Operating Income Related Terms

Ranger Gold Operating Income Historical Data

* Premium members only.

The historical data trend for Ranger Gold's Operating Income can be seen below:

Ranger Gold Operating Income Chart

Ranger Gold Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar24

Mar25

Mar26

Operating Income

Get a 7-Day Free Trial

-0.27

-0.10

-0.05

-0.03

Ranger Gold Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Operating Income	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.00	-0.01

Ranger Gold Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-0.02 Mil mean?

Ranger Gold (RNGC) has a Operating Income of $-0.02 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ranger Gold and its competitors.

Is Ranger Gold's Operating Income too high?

Ranger Gold's current Operating Income is $-0.02 Mil.

How does Ranger Gold's Operating Income compare to ACBM and EEGI?

Ranger Gold's Operating Income of $-0.02 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Operating Income for a Diversified Financial Services company?

A good Operating Income depends on the Diversified Financial Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ranger Gold and its competitors. Ranger Gold's current Operating Income is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ranger Gold stock overvalued right now?

Ranger Gold (RNGC) has a current Operating Income of $-0.02 Mil. The current Operating Income is $-0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For Ranger Gold (RNGC), the current Operating Income is $-0.02 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ranger Gold Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies ACBM EEGI GMZP AGIN CLOW GPLB MTLK WHLT NFSN IVFZF XXI XKRX:319400 CCXI DMII LSE:MAY BCSS EVAC CEPF CXII AEXA

Address 20 West Park Avenue, Suite 207, Long Beach, NY, USA, 11561

Website http://www.appsofttechnologies.com

Ranger Gold Corp is a shell company.